The Business Times, 15 November 1980

Microfilm: NL10816
Total Pages: 14
1 14 The Business Times
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  • Title Section
    Masthead
    11 1 BUSINESS TIMES M.C4P) N* 111/1/8# SATURDAY, NOVEMBER IS, 1989 50 CENTS
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  • BRIEFLY...
    • Article
      Lock icon Food exports suspended
      56 1 Reuter WARSAW, Fri. Poland has virtually halted its traditional food exports to counteract growing shortages, the official news agency PAP reported today. "The export of foodstuffs has now practically fallen to zero," it said, adding that the export of cooking oil, tobacco, sugar, rape, potato starch, treacle
      Reuter  -  56 words
    • Article
      Lock icon Building contract
      64 1 AFP HONGKONG, Fri. Whampoa Swire Properties today awarded a HK5166.5 million contract to the Japanese Aoki Construction for the building of the superstructure of a 10-storey cargo consolidation-warehouse complex. On completion in 1982 the complex will provide about 70,000 square metres of space. A unique feature will be
      AFP  -  64 words
    • Article
      Lock icon Nuclear station
      70 1 AFP HONGKONG, Fri. The United States government was for the first time today named here as being interested in China's plans to build a nuclear power station in Kwangtung province adjoining Hongkong. According to the local daily South China Morning Post, the US Assistant Secretary of Commerce, Mrs
      AFP  -  70 words
    • Article
      Lock icon Solar stove
      54 1 Reuter BEIJING, Fri. China has devised a solarpowered cooking stove and expects to have more than 1,000 in use by the end of this year, the New China News Agency reported today. It said the stove, based on a three-square-metre light-absorbing panel, could boil two litres of water
      Reuter  -  54 words
    • Article
      Lock icon US$6m ear-clips
      68 1 Reuter GENEVA, Fri. Sotheby's, the London auctioneers, today announced a world record for any item sold by auction when a pair of diamond earclips fetched U556.64 million at its first jewel sale in Geneva last night. A leading international professional diamond buyer who insisted on remaining anonymous bid
      Reuter  -  68 words
    • Article
      Lock icon Defence spending
      50 1 Reuter TOKYO, Fri. A former Japanese army chief of staff today told the Parliament that Japan should double its defence spending. Retired General Shigeto Nagano, now a director at a private security research centre, was giving his views before a Upper House committee discussing Japan's security issues. Reuter
      Reuter  -  50 words
    • Article
      Lock icon Protests planned
      70 1 UPI NEW DELHI, Fri. An opposition party said today it plans to stage protest demonstrations against Soviet President Leonid Brezhnev during his visit to India next month. Subramaniam Swamy, a Member of Parliament and a leader of the opposition Janata Party, said in Ahmedabad, capital of western Gujarat
      UPI  -  70 words
    • Article
      Lock icon Consumer prices up
      38 1 Reuter PARIS, Fri. Consumer prices in the major Western industrialised countries rose one per cent in September after a 0.6 per cent gain in August, the Organisation for Economic Cooperation and Development said today. Reuter
      Reuter  -  38 words
  • Article
    Chief Price Changes
    145 1 Rises Berjuntai 1430 110 Tronoh Mines 2300 100 Petaling 2100 100 Straits Trading 1550 100 O C B C 1240 80 M A A 340 50 Supreme Corpn 540 46 Pegi Msia 1460 30 Syn Resin* 910 30 Malayan Tin 605 30 Falls Selangor Dredg 580 -30
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  • Article, Illustration
    KUALA LUMPUR
    139 1 Rises Tronoh 2470 190 Berjuntai 1500 130 S Trading 1600 110 OCBC 1230 +90 A Amal Tin 1570 90 P Chem 760 +70 Petaling Tin 2060 60 MAA 336 54 UAC 535 49 Falls Pmri 970 -30 C Sugars 1150 -30 Sg Besi 1310 -30 Syn Resins 905
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  • Article
    Local insurer sets up in London
    640 1  -  ICS CHALKS UP A FIRST By LEE YOKE MENG INSURANCE Corporation of Singapore (ICS) has become the first local insurer to open a branch in London the world's insurance Mecca. ICS has a 95 per cent stake in the new office, ICS (UK). The
    640 words
  • Article
    Lock icon KL wants loans without strings
    256 1 Reuter MALAYSIA has made it clear to Japan that it is seeking untied financing from Tokyo for a US$33O million urea plant, one of five joint industrial projects agreed by the Association of South-east Asian Nations. Malaysia made the request in exploratory talks with Japanese
    Reuter  -  256 words
  • Article
    Producer accused of dumping
    469 1  -  By RICHARD SEAH MANUFACTURERS In the European Economic Community have again accused their Singapore counterparts of dumping. In the second complaint to EEC authorities in Brussels within the last 10 days, Singapore, Brazil, Hungary, Japan and Spain were accused of dumping hermetic (airtight) compressors for refrigerating
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  • Article
    PUB to spend $292m
    312 1 THE PUBLIC Utilities Board (PUB) is expected to spend $292 million on development projects in 1961 and about 72 per cent of this will be on electricity projects. A PUB statement yesterday said a total of $209.2 million will be spent on electricity projects. A large
    312 words
  • Article
    Singapore likely to take part in Baghdad trade fair
    283 1 SINGAPORE la Ukeiy to take part tn toe Baghdad Trade Pair If It «peas today m hMiM. Tbe fair was erigtoally acted atad to epea aa October 1 bat waa putpaaed to today kecaaae d Uw eatoreak af the IraqIraa war.
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  • Article
    Singapore Mint to refine gold and silver
    450 1  -  By RUTH CHENG SINGAPORE Mint Pte Ltd is setting up a refinery in Singapore to melt and refine precious metals, particularly, gold and silver. A spokesman from the subsidiary of the government-owned Chartered Industries of Singapore (CIS) said details will be completed in
    450 words
  • Page 1 Advertisements
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      Page 1 Advertisements Column 1
      4 1 FOR PEOPLE WHO MATTER
      4 words
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      Page 1 Advertisements Column 2
      112 1 get the real of the New-Look Predators they put more payability j into your game any time/ LYNX Predator Irons Definitely buHt for bat control. Its compact, classic head design is renowned for its abiity to deliver maximum distance, control and accuracy because of its exclusive 70% lighter LYNX— life
      112 words
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      Page 1 Advertisements Column 3
      51 1 LEISURE TIMES FRENCH etapaay may set ap a factory here 2 EEC msve to itiMiw the prices *(•11 S AUSTRALIAN ifUnnada making a same wwMirMe C CAN mix?.. AN ai pettettSaas aad Industry CHINA'S ef interest rate views ea It Uf r IT■■V,j'* *rv>: k v/ sViL 11, COMPANY NEWS
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      Page 1 Advertisements Column 4
      80 1 tour Dictionary of Buoinooo The DIRECTORY I i i AUTHENTIC HANDMADE HAND-KNOTTED CARPETS T v. t t M W 1 HL r i I I I Afghan Tribal Prayer Rug Shanghai Pure Silk Rug O >* IP Hi t I r' i u I Pakistan Single-Knotted Ladik Prayer Rug i
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  • TRADE AND INDUSTRY
    • Article
      Sietam may establish factory
      374 2  -  By SIOW LI SEN A FRENCH company has been awarded a $4.5 million contract by Singapore Airlines for the supply, installation and commissioning of chemical cleaning and electro-chemical plating facilities on a turnkey basis. Societe Industrie lie D'Equipement Technique Et D'Appareils De Manutention (Sietam) won the
      374 words
    • Article
      South Carolina trade delegation impressed
      156 2 MEMBERS of the South Carolina trade delegation are very impressed by market prospects in Singapore and the Asean region. Although some found their products not suited to Singapore, they see it as a base from which to export to the region. Representing products ranging from
      156 words
    • Article, Illustration
      DIAMONDS AT WHOLESALE PRICES
      203 2 MONDIAL Diamond Enterprises has set up a subsidiary to sell fine jewellery barely a year after its opening at Mt Elizabeth Centre. The collection of jewels by Mondial, which includes diamonds and other precious gems set in Italian-designed and manufactured mounts, are displayed at Tong Building.
      203 words
    • Article
      Papua New Guinea sets up supplies office
      415 2 THE Papua New Guinea government has set up a supplies office in Singapore. The office, at Cantonment House, arranges the shipment of goods on behalf of the Papua New Guinea government. Papua New Guinea also intends to set up a high commission in
      415 words
    • Article
      Coming to grips with mini computers
      211 2 A COURSE called 'Getting to Grips with Mini and Micro-computers' will be held from Jan 12 to 14. The course is sponsored by Consulasia and Management Centre, a UK subsidiary specialising in computer techniques and training. It is aimed at teaching noncomputer specialists how
      211 words
    • Article, Illustration
      TRADE TALK
      446 2 MOVITEX Movigraph Systems, which deals with interchangeable signs, has introduced to Singapore a new computerised message system capable of controlling and changing messages with the touch of a dial. Called PEMS €001, the American system allows the user to programme any message to travel, wink, flash, spell or
      446 words
    • Article
      MEMO PAD
      328 2 SEMINARS AND COURSES Nov 15: Gold 1980 Seminar, Shangri-La, Gold Exchange of Singapore Nov 15-Dec 15: Computer Data Processing Module I Cobol Programming File Processing, Cuppage Centre, National Productivity Board Nov 17-18: Effective Supervision, Hilton Hotel, Consulasia Nov 17-18: Inventory Management, Kent Ridge Campus, National University of Singapore
      328 words
  • Page 2 Advertisements
    • Advertisement
      Page 2 Advertisements Column 1
      175 2 Today; our 50th branch is right behind vou in Qementi. m iv > "r- mimmi :':Wi:S; :Mss> ■mm m m zm 4* >' mm *8 pM ■yr mmm '<- 'V: O WssmSMii The United Overseas Bank Group's 50th branch in Singapore is now open for business at 65/67/69 Block 443
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  • OVERSEAS
    • Article
      Lock icon Begin calls for patience
      245 3 Reuter ISRAELI Prime Minister Menachem Begin says the Camp David peace accords should remain the cornerstone of any Middle East settlement but that patience is required to put them into effect. Mr Begin met President Carter on Thursday and described as a sacred trust the 1978
      Reuter  -  245 words
    • Article
      DAILY AIRCRAFT MOVEMENTS
      759 3 ARRIVALS Service Local Operator Number Time From PAA PA005 0045 JEK/SPO/HKG MAS MH601 0630 KUL FT FT71 0710 JFK/ORD/KUL SIA SQ101 0815 KUL MAS MH621 0635 PEN MAS MH671 0930 PEN/KUL MAS MH605 0830 KUL SIA SQ211 1000 HLP CAL CI814 1000 HLP CPA CX710 1005 HLP
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    • Article
      Lock icon Oil companies may get new EEC guidelines
      550 3 Reuter AFP EUROPEAN Economic Community (EEC) governments may issue new guidelines to oil companies on the reduction of stocks to alleviate shortages caused by the Gulf war. EEC Commission sources said the guidance would reduce the risk of an oil price explosion. Saudi
      Reuter; AFP  -  550 words
    • Article
      Lock icon UK inflation easing
      296 3 Reuter BRITAIN'S inflation is coming down rapidly, Prime Minister Margaret Thatcher said on West German television last night. Mrs Thatcher, who meets West German Chancellor Helmut Schmidt in Bonn this weekend, said that despite public opinion polls and an internal opposition labour party vote favouring British withdrawal
      Reuter  -  296 words
    • Article
      Lock icon Indian output likely to rise
      412 3 Reuter INDIAN Finance Minister Venkataraman said he hoped his country would achieve a targeted 5 per cent growth rate during the current financial year ending next March. Mr Venkataraman said he expected industrial production to pick up in the coming months and price to be
      Reuter  -  412 words
    • Article
      Lock icon Street concludes visit to Indonesia
      153 3 Reuter AUSTRALIAN Foreign Minister Tony Street, concluding a two-day visit to Jakarta yesterday, has accepted an invitation to visit the former Portuguese territory of East Timor. The Indonesian Defence Ministry said the invitation to visit the territory, integrated by Indonesia in 1975, was extended by
      Reuter  -  153 words
    • Article
      Lock icon Japan to try for orderly exports
      167 3 AFP JAPAN'S Minister for International Trade and Industry, Rokusuke Tanaka, said yesterday that Japan would exert efforts to make an orderly export of cars and other products to Europe In a meeting with the West German metal workers' union chairman, Mr Eugen Loderer, Mr
      AFP  -  167 words
    • Article
      Lock icon Reagan wants cuts in 1981 budget
      415 3 NYT PRESIDENT-ELECT Ronald Reagan wants to cut the 1981 budget to about US$62O billion a reduction of twice the level made by the House budget committee this week. The committee had approved an across-the-board cut of about two per cent this week, reducing its
      NYT  -  415 words
    • Article
      Lock icon EEC trademarks law
      107 3 Reuter THE European Economic Community (EEC) plans to harmonise the various national legislations on trademarks and set up a new trademarks office. Officials of the EEC Commission said EEC legislation would simplify legal problems involved in crossfrontier trademarks matters and promote better trade, consumer choice and protection.
      Reuter  -  107 words
    • Article
      SHIPS IN PORT
      399 3 EXPECTED ARRIVALS TODAY KEPPEL WHARVES Altair (0630) 29/30 Atlantic Maru (0600 after Centaur) 33/34 Builder m (1500) 22 Fushimi Maru (after Wakagiku Maru) 5 Hoegh Pride (after Atlantic Maru) 33/34 Kostrena (0700) 18 Leipzig (1800 after Bucuresti sails) 35/36 Lupin (after Frosso K) 45 Perlis (1500) 20
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  • Page 3 Advertisements
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      Page 3 Advertisements Column 1
      156 3 TRAVEL SERVICE!! Qgy HOLIDAY LA-FLEUR TRAVEL S.T.P.B. T/A267 re.:*****51 •*****11 i Holiday Inn Hotel, Suite 4, 4th Floor Scotts Road. Singaporeo922 BUSINESSMEN!!! TRAVEL ECONOMICALLY WORLDWIDE ALSO CAR TRANSFER AVAILABLE into a' 0°^ s f.. a penod o<^ p ®Tornrtv»fe sP«^ 1 p( a a nt»Q^ e OVJf eV eS W
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      Page 3 Advertisements Column 2
      219 3 |**._(]%."}~|?'&$)>+^/$&.`^>`|^ No mystique in this magnificent investment A good Oriental«. r»rp«'i has a i harisma u hie h derives from an aesthetic fusion of design, artistry, technical construction, durability, sv. mholism. historv, and age. I he better the carpet the more powerful the charisma, and additional factors come into plav
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  • RAW MATERIALS
    • Article
      Market easier
      244 4 THE Singapore and Malaysian rubber markets turned easier for the week Nov 7 to Nov 13 to lose cents, says Hstiday, Catler,aad Bath in its weekly review. After sagging initially on London's lack of bullish response to the Reagan victory, the sudden collapse in gold then brought about
      244 words
    • Article
      TEXTILES
      193 4 YARN and cotton prices were quoted as follows in Hongkong yesterday: (In HK dollars, spot ex-go-down) C«tt*n yarn: China Blue Phoenix 20s 1,900 32s 2,700, 40s 2.900 (per bale of 400 lbs). Piece gMds: China Butterfly and Globe brand unq; Dragon Head unq; Five Lambs unq; Flower and Butterfly
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    • Article
      Lock icon Sugar producers to call for sharp price rise
      233 4 AFP AGAINST the background of the huge rise in world sugar prices this year, with levels touching their highest since January 1975 only last week, the world's producers will be calling for a sharp increase in the present price range of the
      AFP  -  233 words
    • Article
      RICE
      308 4 SINGAPORE: Yesterday's closing prices in SI per kilo, ex-godown: THAI WHITE: 100 per cent first class (Kangaroo) new crop 1.08, 100 per cent second class 0.95, 100 per cent third class 0.93, 25 per cent new crop no stock, B-10 per cent 0.82. THAI BROKEN: A-super 0.74, Special 0.74.
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    • Article
      Duty rates
      94 4 THE MALAYSIAN Minister of Finance has fixed these rates for the period from Nov 13 until further notice: Rubber: 302 cents a kilo; Cepra: M 5721.14 a tonne; Palm kernel: $955.75 a tonne; Wklte pepper: 13,696.00 a tonne; Black pepper: $2,640.00 a tonne; The rates of duty payable
      94 words
    • Article
      RUBBER
      250 4 THE SINGAPORE rubber market yesterday closed slightly higher with December One RSS buyers quoted at 297.00 cents per kilo, up one cent from Thursday's close, dealers said. Morning prices were marked up slightly on some weekend covering after an easier opening. Prices advanced further in afternoon trading on speculative
      250 words
    • Article
      RAS PRICES
      324 4 RAS prices In cents per kilo yesterday: Noon (per kilo) Buyers Sellers Int. 1 R.S.S prompt f o b. 2» 00 290 OON Int. 1 R.S.S December 296.00 ***** Int. 1 R.S.S Jan 1981 301.25 301.75 Int. 2 R.S.S 283 50 284.50N UK/Cont 282 50 283.50N Int. 3
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    • Article
      SSR and SMR
      113 4 NOON SSR and SMR p mcaa yaatafday EA8 SSR 20 SSR SO MULB (1-ton (1-ton Daca»bar (Camst Mlkl Bayara Sailara pallat) 244.40 2MJ0N pallet) 24: 50 243 SON January (Forward Mtk) Bayara Seller* 248.60 248.SON 243 SO 246.SON SMR CV SMR L SMR 5 SMR GP SMR
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    • Article
      LONDON MARKETS
      889 4 COFFEE: Robusta futures yesterday closed the morning session narrowly mixed at £9 per tonne down from Thursday to £4 up on sales of 662 lots including 27 options. Spot Nov ended the morning with the largest loss at £969 against total tenders so far of 4552 and an
      889 words
    • Article
      PALM OIL
      148 4 VALUES in the Malaysian palm oil market yesterday continued firmer on covering for the Indian State Trading Corporation purchase of 5,000 tonnes of refined bleached doedorised palm olein at US$55O per tonne for December shipment, dealers said. Trading was moderate with interest mainly in the nearby positions. Central
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    • Article
      CLOSING PRICES
      39 4 Rubber: Nov 14 Singapore: Dec: 297.00 cents (up 1.00 cent) Malaysia: Dec: 305.00 cents (up 0.26 cent) Tin: M 52,027 (up $7) (equivalent to $33.52 per kilo) (up 12 cents) Official offering: 200 tonnes (up 3 tonnes)
      39 words
    • Article
      WHEAT
      160 4 CHICAGO wheat futures closed at Thursday's lows, down US 7V« to 4'A cents a bushel in moderately active trade. Persistent selling from the start by the NW Elevator Crusher, estimated at 3.0 million bushels of March, thwarted numerous attempts by locals to rally the market, traders said. It reportedly
      160 words
    • Article
      Produce exchange
      174 4 CHINEBE Predaee Exckaage, Stappm, daring price* per lMkg yeaterday: Cm—t «II: Bulk fob $128.00 sellers, old dram (in second hand drum) fob $136.50 sellers, new drum fob $143.00 sellers. Ospea: Mixed (loose) $72.75 buyers. Pepper: Muntok white pepper fob Asta NLW $425.00 sellers, Sarawak white pepper faq fob
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    • Article
      SOYBEAN
      136 4 SOYBEAN futures closed unchanged to US four cents a bushel lower in mostly local trade in Chicago on Thursday. Prices settled near the middle of a 17-1/2 cent range with most contracts posting about two-cent losses. Local selling on lack of fresh fundamentals and the technically weak market pressured
      136 words
    • Article
      Straits Tin
      67 4 THE STRAITS tin price In Peuif rooe another Ms 7 ts $t,#27 per pica] yesterday, $118 bclew the International Tin Agreement ceiling, dealers said. The marhet ruled firmer an continued hnylng support from Japan, Europe and locally canplcd with higher overnight London advice* despite slightly higher arc supplies,
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  • ASIAN STOCKS
    • Article
      Prices mixed after losing early gains
      496 4 TOKYO SHARE prices shed early gains to turn in a mixed showing on the preholiday Tokyo stock market yesterday. The 225-stock Dow-Jones average, which gained 4.56 points on Thursday, added 5.15 points to 7,159.56 yen. But composite Tokyo Stock Exchange (TSE) index of all
      496 words
    • Article
      Hongkong
      360 4 THE Hongkong stock market continued to be a battle ground yesterday as frenzied speculators pushed it through wild fluctuations The announcement of shortened dealing hours had little effect on the market, but the strong opening of Hsin Chong, which resumed trading yesterday, paced the market to a strong opening.
      360 words
    • Article
      Sydney
      248 4 STOCK prices closed firmer led by resources issues, dealers said. Leading oil stock, BHP, rose 30 cents to a 10-year high of AJ17.25. NOV 14 Onu INDUSTRIALS C t 211 unch A N. 1 300 unch A P M 213S Ampol Pfl 110 unrh B H P 1725 30
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    • Article
      Bangkok
      248 4 STOCK trading was active with gainers in the majority, dealers said. NOV 14 Bahu Asia Credit 133 6 Asia Fibre 135 4 Ayuthaya In* And Trust 96 2 Bangkok Investment Bangkok Bank 278 6 Bangkok Drying And Silo Bangkok Insurance Bangkok Metropolitan Ban 396 4 Bangkok Nylon Bank Of
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    • Article
      Manila
      148 4 STOCKS firmed and turnover rose from a previous 7.7 million pesos to 8.2 million, dealers said. Among gainers were Lepanto B, Apex Mining B, Philex B, Phil Overseas, Podco B and Firstt Phil Holdings. Oriental A was the lone loser while the rest were either untraded or unchanged. NOV
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    • Article
      Selected indices
      53 4 FINANCIAL TIMES INDUSTRIALS Thursday 492.7 Wednesday 487.4 Week Ago 478.8 DOW JONES AVERAGE INDUSTRIALS Thursday 882.42 Wednesday 964.93 Week Ago 935 41 H.K.HANG SENG Friday 1839.25 Thursday 1654 57 Week Ago 1545.77 SYDNEY INDUSTRIALS Friday 767.13 Thursday 761.22 Week Ago 750.41 ALL ORDINAR1E8 Friday 1037 75 Thursday 1030.59
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    • Article
      Lock icon Kobe Steel expects proift to increase by 17pc
      292 4 Reuter KOBE Steel of Tokyo expects its after-tax profit to rise about 17 per cent in the business year ending next March 31 to around 30 billion yen from 25.65 billion yen last year on sales up to around 1.16 trillion yen
      Reuter  -  292 words
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      124 4 mm *s ipri MM PiJIaJWM •>;,„ JwT/ k» ■<?'■'■ *,-S *>-■.'•.-.•■•. 'v* •»*-> iky t^bi 5 %jr t Vf r J 'si Mm 'i\ y «v fi *W T' Jfe4 ,f^ '+'ir m l IW vj ,3>C v r x^tW -v< «r/ The Times Calendar FESTIVALS 81 Festivals *81 it
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  • Page 5 Advertisements
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      Page 5 Advertisements Column 1
      400 5 I I 11 I NOVEMBER 20 21,1980 Shangri-La Hotel, Singapore A conference designed for developers, architects, surveyors, bankers, lawyers, government officials, sociologists, psychologists, engineers, builders. Today, the pace of urbanisation in Asean has highlighted problems faced by town planners, developers, architects, sociologists and psychologists, in their attempt to provide better
      400 words
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  • Article
    Secretaries give way to progress
    411 6 WILDLIFE preservation groups had better wake up to the latest threat man is posing to our planet's creatures. A recently released report has identifed a new entry on the list of the world's endangered species the female secretary. This remarkable creature, for so long an
    411 words
  • Article
    EEC's attempt not likely to succeed
    194 6 THE GULF war has pushed the world a step closer to the brink of a serious shortage of oil supplies which may send prices rocketting out of tolerable proportions. To avert this, the EEC has decided to ask oil companies to draw on their
    194 words
  • Article
    Lock icon Aussie diamonds likely to make presence felt
    873 6 Australian diamonds are set to make a mark for themselves on the world market once some problems are ironed out. De Beers and its Central Selling Organisation are taking the diamond finds in Kimberley seriously enough to discuss marketing. The Argyle prospect controlled
    FT  -  873 words
  • Article, Illustration
    Lock icon Man-elephant confrontation
    774 6  -  Man's age-old friend the elephant is fighting for survival in Malaysia. Land development and forestry schemes are biting deeper and deeper into its traditional lowland forest home. The elephants, on the other hand, are plundering oil palm and rubber plantations in their search for food. Conservationists fear that
    Reuter  -  774 words
  • Page 6 Advertisements
  • Page 6 Miscellaneous
    • Miscellaneous
      Page 6 Miscellaneous Column 1
      1348 6 Caper of Golden Bulls ITS lutri to say which sf ttw tw» IMan Alms today wIU make www vtewtag. it will be a eMee ketweea halls aai ktgeya. At Ltfpm vtowwa are tokea to Bpala fw The Cmper tf the OtUtm Stophca Beyd aad Yvetto ttmieax eatortola with a wall,
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  • Article, Illustration
    Lock icon Britain's tax loophole
    1192 7  -  By ELIZABETH BAILEY NYT WITH its reputation for confiscatory taxes Britain would seem an unlikely tax haven. But some families there have accumulated enormous wealth and live relatively tax-free the life of 19th-century aristocracy. Perhaps the most successful practitioners of this art are the Vesteys. Lord Vestey,
    NYT  -  1,192 words
  • Article, Illustration
    Lock icon PRESERVING MONUMENTS
    1294 7  -  By MALLIKA WANIGASUNDARA Depthnews TIME, neglect and ill-con-ceived conservation measures have scarred the priceless beauty and historic splendour of Sri Lanka's Cultural Triangle, a veritable garden of ancient monuments, architectural masterpieces, paintings and sculptures. In this historic triangle formed by the ancient cities of Anaradhapura, Polonnaruwa and Kandy
    Depthnews  -  1,294 words
  • Article
    Lock icon Sweden proves business and politics can mix
    613 7  -  FORUM with WESTERLY CHRISTNER FT CAN politicals and industry mix? Yes, said 15 members of Sweden's Riksdag (Parliament) who volunteered this autumn to take part in a pilot programme designed to increase their knowledge of how the business world operates. "How the Riksdag
    FT  -  613 words
  • Page 7 Advertisements
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      Page 7 Advertisements Column 1
      409 7 Now available an Update to.. The key to under standing ASEAN The ASEAN Report Update Published by The Asian Wall Street Journal The ASEAN Report gave businessmen for the first time a key which opens the door to doing business with the countries within the Association of Southeast. Asian Nations
      409 words
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  • INTERNATIONAL STOCKS
    • EUROPEAN MARKETS
      • Article
        Amsterdam
        210 8 NOV 13 Ha AHN 291 50 -I AhoUl 67 70 -12 Ak/«i 18 50 05 AMFV 94 30 0.3 Alllf.l.N ***** 2.4 Atnrobnk 6130 -0 2 Dffioii 3i m 0.5 b^rlc 62 50 -1 58 SO 08 InM 192 00 2 HurWiann 58 80 03 Hvakorf 40 90 -06
        210 words
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        Paris
        283 8 NOV 13 Frs CORBEILLE Air-l.iquide 559 unch B S N Gmais DMMM 1155 t6 C s 1 <ThomsonC'sf) 492 1 Cm* Franca ise des Frtrolrs 255 10.7 Coinpatfnie Financiere Coinpaitnir (ifnpralf 419 unch Credit Foncier I)p France ***** 0.5 Hachette < Librairie) 321 4 Machines Bull 53 70 -03
        283 words
      • Article
        Brussels
        97 8 NOV 13 Frs FORWARD MARKET Acer 328 unch Artvd 1342 •10 Aftlur 350 unch Brusca i> 886 -28 Bru-l^iiiib 1024 •14 Canpac 1224 14 Cock 195 •1 l)r Berrv I 358 4 Ebes 1640 •10 Electrobel 5190 20 Gb-Inno-Btn 1995 >15 Ofv 1290 •10 Hobok 2625 45 Petro 5560
        97 words
      • Article
        Frankfurt
        223 8 NOV 13 Dm Aeg-Telefunken Akzo 74 50 16 90 06 02 Allz Leben *****0 *30 Allz Vers ***** -3 BASK 123 10 01 Bay H T Wbank 235 50 Bay Vbunk *****B L. Bayer 106 00 BBC' 273 60B BMW 157.50 23 Cissrlla ***** unci) Chein Ver* 233 OOB
        223 words
      • Article
        Zurich
        193 8 NOV 13 Actions Suiun Alusulsse Br Alusulsse Rrg Brown Boveri Br 1'ita Gri|y Br Ciba G«ix P c Ciba Geigy Reg Credit Suisse Br Credit Suisse Reg Elektrowatt Br George Kischer Br Globus Pc Hero Br Krancs 300 1240 463 1500 1000 780 570 2580 435 2815 795 389
        193 words
      • Article
        Milan
        103 8 NOV 13 Lire Anir 8 56 unch Assoc Gen 9000U -1210 Buslogi #62 -56 Crnlnlr ***** -150 Flat 3150 unch linsidrr 82 -2 Grn Iinmob 2050 150 in Pn 3960 60 luilormrnu ***** •ISO IU*u 1540 •198 llalsidrr 290 -30 Magnrti M Pf 661 -1# Marclli Err 349 -21
        103 words
      • Article
        JOHANNESBURG
        303 8 NOV 13 Rand INDUSTRIALS A Alpha 420 -10 Abrrrom 350 AE And CI AMIC Barlows 890 2600 1190 -150 SuRar CNA 6106 Clime Finance 245 -5 Lie Ind Kdcon 6906 Mpn ***** unch Kvrrpady Fed Volk 510 unch Kufit 255 unch Gardian 9 Genanl Grat*tnn 1125 -IS Hippo Hi
        303 words
      • Article
        TORONTO
        208 8 NOV 13 C* Abiltbi 25 unch Alrun 44 r« AlgollU 39 Bank Mont 33 «i. Bank Nova s<-olia 35 i'« Bell T>I unch Brill Corp BP fan Ltd J5 Brasran 34 f Camp Red Lake •1'. Can Imp Bk 27 Can par 45 Canpar In\ PI 20 1 Carlinft
        208 words
  • Page 8 Advertisements
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      Page 8 Advertisements Column 1
      166 8 Where to wine, dine and entertain Snacks for your island treks *v, Take your pick: Curry Puff Chicken Pie Gateau Cake Hot Dog Hamburger Sandwiches Roast Beef Bun Pack Lunch Open: Monday Friday 10.00 a.m. 6.00 p.m. Saturday, Sunday Public Holidays 8.00 a.m. —6.00 p.m. A Dolphin Snack Shop Apollo
      166 words
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      Page 8 Advertisements Column 2
      180 8 titU4u» JAPANESE RESTAURANT For sushi. For teppanyaki. For other authentically Japanese delights. Open daili,l2 noon 3 p.m. 6 30p m. —10 30p m. For reservations call *****77 i wH cniiin I'urk Slici'iiUMi SHEPATON HOTELS AND iNNS'.V ><U DV. »ssim Hi'. Sin jawfe 10?5 Tei H7% 77 OPFPA'FOR. i'jinOlf. l FISH
      180 words
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      Page 8 Advertisements Column 3
      139 8 ^(%.^>@/:$-~]>^,~[(_];.=@/{;;[] Everything's here at the Mirabelle r <% Q "'V f bW All the ingredients for an enchanted evening are here Superb Continental cuisine and choicest vintage wines. In an elegant and romantic atmosphere complete with candlelight and strolling minstrels And service that is impeccable and unobtrusive Come, spend an
      139 words
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      Page 8 Advertisements Column 4
      153 8 OQOQO Inn Of Happiness Cantonese style. fcechuan style. The Inn of Happiness brings together the best of two culinary worlds. Two kitchens. Two chefs. All to double your dining pleasure, with that famous Hilton service. For reservations, please call 737-2233. HMON MTERNAHONAb SINGAPORE J JL 1 m > i i.
      153 words
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      Page 8 Advertisements Column 5
      134 8 Whatever your taste, the Cockpit Hotel makes it great. 7 k WM victoria Bar The Coffee-House Relax in an atmosphere of For informal meals and elegant days gone by light hearted snacks Q Oxley Rise Peoang Road. Singapore 0923 Tel: *****11 (20 lines) Cable COCKPIT Telex R*****6 (gtatining garden garden
      134 words
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  • BANKING AND FINANCE
    • Article
      Lock icon Tokio buys Equitable companies
      98 9 UPI A LEADING Japanese insurance company has reached a basic agreement to take over three whollyowned subsidiaries of the Equitable Life Assurance Society of the US. Tokio Marine and fire Insurance Co of Tokyo said it will buy the Houston General Insurance Co, Equitable General Insurance
      UPI  -  98 words
    • Article
      Lock icon HK futures potential
      238 9 Reuter HONGKONG has the potential to create a financial futures market although if one did open, its early history would be fraught with difficulty, Leo Melamed, special counsel to the Chicago Mercantile Exchange Board (CME), said. Mr Melamed, visiting Hongkong with board chairman, John Sandner to meet
      Reuter  -  238 words
    • Article
      Bangkok Bank raises prime
      101 9 BANGKOK Bank Ltd said it is raising its Singapore prime lending rate by one percentage point to W/t per cent from today. The bank's fixed deposit rate for one month will rise to 11 '/i per cent from U per cent, while three months will increase
      101 words
    • Article
      Lock icon BoJ sets lower rates
      106 9 Reuter THE Buk at Japu tmid It will tower afflciaUy-eMtr**-tod baab ratea by betweea M aad eae per eeat (mi Dee 1 tottowtog a eae per eeat eat eartter tfcto meatb to Hi aflldal dtoeeaat rate to 7Jt per eeat. The aew rates will be i
      Reuter  -  106 words
    • MONEY AND EXCHANGE$
      • Article
        Singapore market
        468 9 THE foreign exchange market was fairly quiet yesterday, with the US dollar moving marginally against major currencies. From an opening of 2.0920/30 against the local dollar, the US dollar remained stable in the morning. The bulk of business was done around the 2.0910 to 2.0920 level before rates
        468 words
      • Article
        Hongkong
        150 9 THE US dollar firmed slightly yesterday in late quiet trading ahead of the weekend to return to Thursday night's New York closing levels after a weak morning, dealers said. The European opening saw the dollar ease on selling before being brought back to Thursday night's levels. The dollar stood
        150 words
      • Article
        NEW YORK STOCKS
        920 9 STOCK prices surged in very heavy trading yesterday, led by energy and technology issues, pushing the New York Stock Exchange composite index to a record high and the D-J industrial average to a nearly fouryear peak. Analysts tied the strength to hopes interest rates will soon crest
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      • Article
        PLR
        22 9 THE average rate at which major Singapore banks are currently prepared to lend to their best customers is 13.3 per cent.
        22 words
      • Article
        ASIAN $ RATES
        188 9 ASIAN RATES ASIAN currency deposit Interbank rates as at close on Nov 14: US DolUn(Spot) Offer Bid 7 days 14 11/1814 9/18 1 month 15 3/18 151/18 2 months 15 9/18 15 7/18 3 months 15 9/18 15 7/18 6 months 15 5/18 153/18 9 months 14H 14 V, 12
        188 words
      • Article
        Discount
        44 9 RANGE of prices offered by discount bouses on Nov 14: Overnight: Call deposits: 6v. to V/,% Closing Baying Selling 3-month Treasury bills 6% ®v« 3-month Bank bills 13H 13*. 3 months CD 13W 13H 6 months CD 13H 13'/« Source: National Discount Co
        44 words
      • Article
        Tokyo
        112 9 THE US dollar for overnight delivery closed firmer at 212.65 yen yesterday compared with a 212.50 opening and 211.80 at Thursday's close, dealers said. Trading was light, with volume $723 million. The dollar steadied between 212.40 and 212.70 yen in quiet late trading owing to a lack of fresh
        112 words
      • Article
        GOLD
        332 9 GOLD futures in Singapore yesterday closed easier compared with overnight levels in light trading, dealers said. The market was marked down around US$5 an ounce at the opening following the metal's weakness in New York the previous night but staged a partial recovery in late afternoon trading in line
        332 words
      • Article
        Silver quotes
        38 9 New York 18 50B 18.25B 18.80S 18 SRS Zurich 18 SB 17.90B U.75S 18.40S M Tfcvs Singapore 1B.40B 18 20B 18 80S 18 60S Closing pric in US dollars a troy ounc Source: Credit Suisse, S'pore.
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      • Article
        London
        377 9 THE dollar firmed at the opening, in line with New York's close and late Hongkong trading, regaining the pfennig it lost on the mark in London on Thursday, dealers said. Interest rates continue to dominate trading, they noted, with Eurodollar deposit rates opening about Mi of a point firmer
        377 words
    • Article
      Interest rates may be pushed higher in holiday season
      891 9  -  By ALVIN TAY INTEREST rates in Singapore have generally gone up by about three to four percentage points since the beginning of this year. With Christmas around the corner and Chinese New Year barely three months away, there is a possibility
      891 words
    • Article
      Johore project gets another loan
      312 9 THE biggest single development project in Johore the $75 million Holiday Inn/ Holiday Plaza project has received a further boost with the signing of another syndicated loan agreement. A consortium of financial institutions on Thursday signed a credit facilities agreement with Da pat Hotel Sdn
      312 words
  • Page 9 Advertisements
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      Page 9 Advertisements Column 1
      338 9 How much do you see when you look at this etching'? -*>* ■>v The Time Life Library Of Art Each book measures 9 x 12 inches (23 x 31 cm). Hard cover, with 188 pages. More than 14G illustrations, approximately half in full colour. For further information on availability of
      338 words
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  • Article
    BUSINESS DONE ON THE SES AND THE KLSE
    1724 10 BID and offer prices officially listed and business in and reported to the Stock Exchange oT Singapore yesterday with the number of shares traded shown in brackets in lots of LOCO units, unless otherwise specified. SECTION ONE INDUBTRIAL COMMERCIAL Aema (3-MB) (5)
    1,724 words
  • Article
    Unit trusts
    80 10 SINGAPORE UNIT T*U ST The Commerce The Savings Fund S pore Prog Fund S pore Sec Fund S pore Invest Fund S pore Equity Fund Mr m 3.30 2.03 L« 2.13 IM IM "Ir 2.13 1JB 2.23 in 153 ASA UNIT 1 (Mfigm' prim Mai Invest Fund Mai
    80 words
  • Article
    SHARE INFORMATION SERVICE
    2764 10 Gr*« Grt Nat 1980 Last Div Div Y*W P/K Vol Day Hick Low Company Sale or- Cyt COOO) High Low SECTION ONE I INDUSTRIAL COMMERCIAL 372 245 Acma 366 26 15.0 2.8 4.0 14.4 16 366 344 •278 220 Alcorn 260 12.0 2.5 4.6 14.7 140 116
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  • Article
    In Kuala Lumpur
    1928 10 BID and offer prices officially listed and business in and reported to the Kuala Lumpur Stock Exchange yesterday with the number of shares traded shown in brackets in lots of 1,000 units, unless otherwise specified. INDUSTRIALS Aeaa (3.308) AJMaaato (3.305) Atoeai (2 50B) (12) 2 40 (1)
    1,928 words
  • Article
    COMPANY MEETING
    24 10 TEMEBLOH Bibber E» totM Mi: BOGM to be held at Chartered Bank Chambers. Beach Street, Penang at 12 noon on Nov 17.
    24 words
  • Article, Illustration
    Buyers take ST index above 700
    595 10 BUYERS retaraed to Ike Stagapm stark market with ——i l-plnlllB yrstrrday. Apart frssa a kM spell e( uneasiness, the general udertoae was significantly II» ii aid share prices eaaaeqaeatty chalked ap prwnlatag gates. As a remit, the Straits Hons Industrial Index rase 7.W psiato
    595 words
  • Article
    Strong rally in Kuala Lumpur
    696 10 SHARE prices staged a strong afternoon rally to close broadly higher at the Kuala Lumpur stock market yesterday. Trading was initially weak as profit-takers made their presence felt in most of the current favourites, which has advanced for three consecutive sessions. Market operators were obviously
    696 words
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  • COMPANY NEWS
    • Article
      High technology link for MMC
      581 11 MINING giant Malaysia Mining Corporation is moving into the field of high technology engineering. It has forged links with one of the world's leading engineering groups, Fluor Corporation of the US, in an unusual exercise designed to promote the transfer of energy-related technology to Malaysia.
      581 words
    • Article
      Metal Box deserves investors' attention
      785 11 Market Talk... ALTHOUGH the increased costs of finance may put pressure on profit margins at Metal Box (Singapore), the introduction of new technology is expected to help maintain consistent and visible earnings performance for the next few years. In view of this potential, local broking
      785 words
    • Article
      DIVIDENDS ANNOUNCED
      439 11 Current Ex Books Date Total for Total for Payment Date Close Payable the year Previous year Aokam 16%(n)% Dec 8 Dec 18 Jan 2/81 26% 26% Ayer Hitam Tin 115% Oct 30 Nov 12 Dec 1 205% 290% Batu Lintang 15% Oct 23 Nov 4 Nov 25 20%
      439 words
    • Article
      SCRIP ISSUE
      166 11 Company Particulars Ex Date Books Close B Ray Bonus issue of 1 for 2 Nov 12 Nov 24 K Gutn Flour Bonus issue of 1 for 5 NYA NYA N*i« Rice Proposed Bonus issue of 1 for 2 NYA NYA Naayaag Siang Pau Rights issue of 1 for
      166 words
    • Article
      A need to establish body for protection of shareholders' rights
      771 11  -  DR H L BANNERJI Dear editor, In a news item in The Sunday Times, dated 19/10/80, under the beading "Allow CPF funds for buying shares" are detailed various suggestions made by the Securities Industries Council of Singapore, to increase the
      771 words
    • Article
      Ghafar denies Sabah connexion
      279 11 MR ABDUL Ghafar Baba has broken his long silence on the Dunlop HoldingsGoodyield group affair with a firm denial that he has any business associates or partners in Sabah or elsewhere backing him in purchases of Dunlop shares. Responding to a Reuter report from Brighton, UK,
      279 words
    • Article
      RUBBER AND OIL PALM PRODUCTION FOR SEPTEMBER 1980
      153 11 Rubber Pakn 01 Pabn Kernel FFB. Company Mos tons tons torn Austral Ent 1.234 260 Ayer Hitam 124.286 Ayer Molek 54,529 no Batu Kawan 261,134 1,164 Batu Lintang 408.984 3,076 Bedford Plant 46,258 190 Benta Plant 281,000 1,295 259 6.473 Cons Plantation
      153 words
    • Article
      COCOA AND COPRA COTPUT FOR SEPTEMBER 1980
      29 11 Company Copra Cocoa tons tons Consolidated plant 66 Ounlop Estates 140 High and Low 125 104 Kempas 8 United Plant 237 131
      29 words
    • Article
      COMPANY BBIEFS
      482 11 PACIFIC Development Credit's major subsidiary, Malaysia Borneo Finance Corporation, may have further problems recovering loans outstanding from Mr Choo Kim San, former chairman of San Imperial Corp. According to a report in the New Business Times on Nov 13, Mrs Angela Da we, alias Tan Ah Moy, a
      482 words
    • Article
      RESULTS DUE
      297 11 Date La it Full Yea X Company Period Announced Net EPS Gross Pre-tax last year (cents) Dlv. Profit KT Pau <%) <$*•••) I 24/9 32.3 36 2,021 P Prod I 24/9 22.9 10 5,456 Shell I 24/9 57.4 30.0 62,855 Raleigh Cycles I 25/9 OfiQI JijL D Baby
      297 words
  • Page 11 Advertisements
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      Page 11 Advertisements Column 1
      429 11 Businessmen, Are You Getting Your Share of the Billion Oil Industry? The South East Asia OH Directory 1980-81 (Third edition) is the only professional reference work which brings together an encyclopedic volume of material to serve all sectors of the oil industry. It is the most comprehensive and in-depth coverage
      429 words
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  • Article
    China reviewing insurgency issue
    544 12 CHINA may be changing its attitude towards communist insurgency movements in South-east Asia, Prime Minister Lee Kuan Yew said in Beijing on Thursday. "I have grounds to believe they are re-examin-ing and reformulating their policies," he said when asked, in a Reuters interview, about Chinese leaders'
    544 words
  • Article
    Lock icon Economists foresee further rise in US interest rates
    603 12 Reuter MOST American economists say interest rates are likely to rise further before falling later this year. Citicorp chairman Walter Wriston recently said he believes interest rates will begin declining by Christmas, and a growing number of economists are coming to the
    Reuter  -  603 words
  • Article
    Students call off strike
    75 12 STUDENTS at the University of Indonesia yesterday called off a strike to protest the dismissal of a student leader for political activities. Student leader Biner Tobing was dismissed by the university's rector, reportedly at government urging, after he complained about the beating of students by police
    75 words
  • Article
    Lock icon Pol Pot meets Chinese leaders
    202 12 AFP POL Pot, the former leader of the outsted Khmer Rouge regime in kampuchea, is holding secret meetings in Beijing with Chinese leaders, the Thai English-language Nation Review newspaper reported. Quoting informed diplomatic sources, the report said Pol Pot, who ruled Kampuchea from 1975 to
    AFP  -  202 words
  • Article
    Lock icon Australia facing a series of strikes
    459 12 AP AUSTRALIA is facing a 1 series of summer strikes, i with disputes erupting across the country and 45,- 000 state public servants threatening to strike starting on Monday. This, coupled with strikes at a Sydney brew- i ery, a major container port, and
    AP  -  459 words
  • Article
    Lock icon Bid to stop export of fake batteries
    192 12 Reuter UNION Carbide, the world's biggest manufacturer of batteries, is taking legal action in Hongkong to stop the export of a flood of counterfeit batteries made in China. The company's Hongkong branch and its headquarters in New York have issued writs against three
    Reuter  -  192 words
  • Article
    Lock icon Jakarta signs oil sharing accords
    129 12 Reuter INDONESIA has signed oil and gas production sharing agreements with six foreign companies involving a total investment of US$233 million in exploration over the next six year. Areas to be explored by the companies are in offshore locations in the Java Sea, according to
    Reuter  -  129 words
  • Article
    LONDON STOCKS
    865 12 LONDON, Fri. Equity leaders turned mixed in quiet trading after a firmer opening, dealers said. At 10pm the Financial Times index was up by 1.6 points at 494.3. Distillers, Boots, Lucas, Hawker Siddeley and Tube Investments added a penny or two while ICL, John Brown, Thorn and Reed
    865 words
  • Article, Illustration
    Polls confirm Foot's claim he can oust Thatcher
    166 12 MICHAEL Foot claims that his legs are still "good enough to kick out Margaret Thatcher's government," an assertion that has gained considerable weight in the last two days. The new left-wing leader of Britain's opposition Labour Party was placed ahead of Conservative
    166 words
  • Article
    Lock icon Japanese inflation easing
    184 12 Reuter JAPANESE wholesale prices (ell for the sixth consecutive month in October, indicating that the government is winning a battle against inflation. The wholesale price index fell 0.7 per cent in October from the previous month to 133.1 (base 1975), the sharpest decline since a 0.9 per
    Reuter  -  184 words
  • Article
    Lock icon Revolutionary spinning technique
    288 12 AFP A REVOLUTIONARY spinning technique, said to reduce costs by nearly half, was announced yesterday by the International Wool Secretariat (IWS) in London. The technique, called sirospun, is hailed by IWS as "one of the most significant developments in worsted yarn production in the last 40 years."
    AFP  -  288 words
  • Article
    Lock icon American grain embargo faltering
    226 12 AFP THE American embargo on grain exports to the Soviet Union has, in practice, been ended. This is the view of trade officials from all the wheat exporting nations at the Adelaide conference which concluded yesterday. Next week in London the Adelaide crew will introduce a
    AFP  -  226 words
  • Page 12 Advertisements
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      Page 12 Advertisements Column 1
      131 12 Kuala Lumpur mi THONO RESTAURANT Experience the finest Chinese speciality dishes. You can afford it. Enjoying the best of both worlds is an easy task at Kuala Lumpur Tai Thong Restaurant. Our comprehensive range of dishes and prices will cater for everyone whether the choice is a simple meal or
      131 words
  • Page 12 Miscellaneous
    • Miscellaneous
      Page 12 Miscellaneous Column 1
      64 12 Outlook for Singapore from 6 a.m. to 1 p.m. today: Showers in several places from around midday. Report for 24 hoars prior to 7Jt p.m. on November 14 »t the airport. Maximum temperature 31.7 Associated humidity 69 Minimum temperature 23.4 Associated humidity 98 Hours of sunshine 6.35 Rainfall in millimetres
      64 words
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  • LEISURE TIMES
    • Article, Illustration
      UNDER THE HAMMER
      455 13  -  By LEE YOKE MENG YOU'VE heard often enough of those uproarious bidding scenes at Sotheby's and Christie's auctions. Now, be prepared for a, hopefully, as uproarious and interesting session at Marco Polo Hotel tomorrow. If all goes well, Mr C K Tseng should be banging the hammer
      455 words
    • Article, Illustration
      DIVORCED... from nature
      1296 13  -  By LILLIAN CHEW INSTANT trees, instant parks, instant beaches; a coralarium at Sentosa; birds in cages an apt description of the average Singaporean's exposure to "nature". It explains the minimal love for nature and conservation awareness among Singaporeans. But can you blame the average man-on-the-street for this
      1,296 words
    • Article
      Lock icon No leisurely meals with a bottle of wine
      446 13 AP. JUST as their wines are enjoying a surge of popularity in the United States, Italy's wine merchants are complaining that Italians are switching increasingly to beer and whisky. They also say people are rushing through luneh with a soft drink and
      AP.  -  446 words
    • Article, Illustration
      A toast to the 1980 vintage
      962 13  -  By EDMUND PENNING-ROWSELL THERE is nothing more hazardous in the European wine world than predicting the outcome of the next vintage, and the professionals are always understandably cautious. It is the like of politicians and journalists who rush in where vignerons fear to tread.
      962 words
    • Article, Illustration
      Mazda 323 smug about its GT tag
      1267 14 ■0T0R1M8 with Vermes IT MAY SEEM like a sweeping statement to say that most Japanese cars, boringly reliable, offer very little in terms of performance, handling and roadholding. But the statement holds true in the Singapore market because the models seen here are
      1,267 words
    • Article
      YOUR WEEKEND SPORTS
      431 14 TODAY GOLF: Warren. The Club Matchplay Championship finals will be held today between Benette Melin and Lim Chor Tong who will play 36 holes. SICC. The postponed finals of the Commonwealth Cup is scheduled for today at the Bukit course between Bill Tan SH Wan and Frank
      431 words
    • Article, Illustration
      Lock icon Best foot forward
      601 14 THE EXECUTIVE JOGGER By PEEBLE A FEW days ago as I ran through the Botanic Gardens, I saw another runner several hundred metres ahead. Although his back was to me, I knew instantly that it was a friend with whom I have often jogged. The instant recognition
      By PEEBLE  -  601 words
    • Article, Illustration
      FAME ... that's worth pursuing
      927 14  - FAME that's worth pursuing First he gave us "Bugsy Malone" and "Midnight Express". And now Alan Parker brings us "Fame". Though the film deals with a simple and straightforward plot, its impressions are spectacular. NG LOKE KOON tells you why. SHAFFIQUE MISSOURI, on the other hand, is fascinated with the
      927 words
    • Article, Illustration
      Nonsensical fantasy
      412 14 "THE BLUE LAGOON" is an anbelievably simplistic and highly improbable Him. It begins promisingly enough but fizzles out after the first half-hour because of the shallow treatment it is given. A# a result, what might have been a truly credible story about two young people who are marooned
      412 words
    • Article
      MHT talk on the joys of road running
      355 14 IT DOEKNT mm that if ftaNt mw ru bi a raad nee la jwr We yea waat beaeOt frem Barter* Pad4eek*i talk. Ber feram will be held at the Natteaal Stadlim Thaatratte ea Taaeday, Nav IS, at Smb. Ma PiMirt, aa eU
      355 words
  • Page 13 Advertisements
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      Page 13 Advertisements Column 1
      118 13 BUSINESS TIMES GIVES YOU THE EDGE OA M:\T VAii K MAZDA can assume a certain smugness about its 323 GT tag. But the car's extra roadholding is achieved at the expense of comfort. HERMES airs his opinions. LISTEN to Barbara Paddock, an expert on Corporate Challenges. Your weekend sports diary
      118 words
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      Page 13 Advertisements Column 2
      10 13 IBUSINESS TIMES) When we say business we mean just that
      10 words
  • Page 13 Miscellaneous
    • Miscellaneous
      Page 13 Miscellaneous Column 1
      238 13 WHAT WHERE RECITALS THE Stappm Symphony Orchestra Celebrity Concert tonight with Soloist liana Vered. At the Victoria Concert Hall at 8.15pm. THE Yamaha Masle School Violin Ensemble will perform at the Toa Payoh Branch Library Lecture Hall today at 2pm in Concert of the Young. Free admission. THE Music for
      238 words
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